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Dayforce Q1 Adjusted Earnings, Revenue Increase; 2024 Revenue Guidance Raised
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Dayforce Q1 Adjusted Earnings, Revenue Increase; 2024 Revenue Guidance Raised
May 1, 2024 6:39 AM

09:09 AM EDT, 05/01/2024 (MT Newswires) -- Dayforce ( DAY ) reported Q1 adjusted net income Wednesday of $0.43 per diluted share, up from $0.31 a year earlier.

Analysts polled by Capital IQ expected $0.42.

Total revenue for the quarter ended March 31 was $431.5 million, up from $370.6 million a year earlier.

Analysts surveyed by Capital IQ expected $425.9 million.

The company said it expects Q2 revenue of $414 million to $419 million. Analysts surveyed by Capital IQ expect $417.6 million.

Revenue for the current year is now projected to be $1.73 billion to $1.74 billion, the company said. That compares with $1.72 billion to $1.73 billion previously. Three analysts surveyed by Capital IQ are looking for $1.73 billion.

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